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Layoffs: HR News, Trends & Workplace Insights

Latest Layoffs HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Layoffs.

Updated on: Jun 2020
JCB India has laid off permanent employees
Coronavirus

JCB India has laid off permanent employees

Jun 12, 2020

BP to lay off , employees globally

Amid the coronavirus pandemic, Oil amp Energy major British Petroleum to lay off , employees ...

Coronavirus
Jun 9, 2020
BP to lay off , employees globally

Bombardier Inc to cut , aviation jobs

CANADIANnbspplane and train maker Bombardier Incnbspsaid on Friday it would cut , jobs, or a...

Coronavirus
Jun 6, 2020
Bombardier Inc to cut , aviation jobs

MakeMyTrip is laying off about employees

MakeMyTrip announced that it is laying off about employees due to the global travel ban because ...

Coronavirus
Jun 2, 2020
MakeMyTrip is laying off about employees
COVID-19 Impact on Service Sector
Coronavirus

COVID-19 Impact on Service Sector

The outbreak of COVID-19 has brought upon a standstill situation globally, affecting the lives across the globe in ways, more devastating than a world war. Well, according to the current hesitation of China in the matter of inspection initiated by the US in Wuhan; this idea is being re-established in a stronger way than before. […]

May 30, 2020
Raymond has fired hundreds of employees, since February
Industry

Raymond has fired hundreds of employees, since February

Textiles and apparel major Raymond has fired hundreds of employees across the board, since February. The company had started the process due to varied reasons like the group company’s mounting debts, the slowing down of the economy, and the last hammer to the coffin was the COVID-19 crisis. It was found that the company not […]

May 27, 2020
Snapdeal furloughs 50-55 staff whilst demand picks up
Coronavirus

Snapdeal furloughs 50-55 staff whilst demand picks up

An Indian e-commerce company, Snapdeal has put about 7% of its full-time workforce, or 50-55 individuals on a three-month furlough, The e-commerce agency has 750 employees on its payroll whereas one other 800 of staff are on contract. A Snapdeal spokesperson confirmed the event without offering any details and stated in an emailed response, “In […]

May 25, 2020
IBM confirms global layoffs, India employees hit with it too
Coronavirus

IBM confirms global layoffs, India employees hit with it too

IBM confirmed, it is cutting an unspecified number of jobs, but wouldn’t provide details related to location, departments, or the number of employees involved. The company framed it in terms of replacing people with more needed skills as it tries to regroup under new CEO Arvind Krishna. Several business media sites, including the Wall Street Journal and […]

May 23, 2020
Indiabulls asked nearly 2000 employees to resign till 31 May
Coronavirus

Indiabulls asked nearly 2000 employees to resign till 31 May

Indiabulls has asked nearly 2,000 employees to resign from the company. The Company, however, said this was part of the annual attrition cycle and claimed these were not lay-offs The Financial Services Group Indiabulls, On May 15, the group’s Indiabulls Housing Finance asked many of its employees to resign and consider May 31 as their […]

May 22, 2020
Tech Mahindra deferred incentives & wage hikes, No layoffs
Coronavirus

Tech Mahindra deferred incentives & wage hikes, No layoffs

Tech Mahindra puts wage hikes and incentives on hold, but says no layoffs. Tech Mahindra is putting on hold incentives and wage hikes until there is more clarity on business as the coronavirus outbreak has disrupted operations worldwide. However, its junior associates will get their remuneration packages in full. Besides, undisclosed salary cuts also have been […]

May 4, 2020
Udaan has laid off over 2,000 contractual employees
Coronavirus

Udaan has laid off over 2,000 contractual employees

Bengaluru-based, Udaan, B2B commerce online startup has laid off several employees working on a contract basis as the company’s non-essential business has been shut due to the nationwide lockdown in the wake of the COVID-19 situation. Udaan is an online marketplace that facilitates buying and selling fashion products, groceries, and electronics among manufacturers, brands, and […]

Apr 27, 2020
Labour Ministry to collect data on layoffs, pay cuts, report to PM
Coronavirus

Labour Ministry to collect data on layoffs, pay cuts, report to PM

EPFO and ESIC have been advised to collate the data on job losses and wage cuts. As soon as information is collated a report can be introduced to the Prime Minister’s Office (PMO). This labour ministry initiative comes as stressed economic situation has raised fears of widespread layoffs/salary reductions in India’s organized sector and in […]

Apr 17, 2020
Twitter: HR Veterans on COVID-19 Pandemic
Coronavirus

Twitter: HR Veterans on COVID-19 Pandemic

Coronavirus global pandemic has affected every workplace, in one way or another. The employers have closed their doors temporarily due to lockdown and asked their employees to work from home, Companies have given extra paid or special paid leave or unpaid leave to employees with health concerns. While the worst of the coronavirus outbreak will […]

Apr 14, 2020
Covid-19: HR’s role during a global crisis
Blogosphere

Covid-19: HR’s role during a global crisis

No one alive has experienced a global crisis like the Coronavirus and its unprecedented impact on personal and professional lives. Personal and family health will always have priority. We all mourn with those that mourn and we take care of our loved ones. However, with a global time out -caused by travel restrictions, social distancing, closed restaurants […]

Mar 26, 2020